HOW DIVERGENCE ANTICIPATES TREND CHANGES
There are several types of divergence we can track between data feeds and the DPO.
SPOOS & DPO
SPOOS & VIX OR TRIN & DPO
SPOOS & ADSPD & DPO
SPOOS & DPO
Short Trades
Here we compare the highs of the spoos to the highs of the DPO. If we get a higher high on the spoos but a lower high on the DPO it implies weakness and possible short trade.
Long Trades
Here we compare the lows of the spoos to the lows of the DPO. If we get a lower low on the spoos but a higher low on the DPO it implies weakness and possible long trade.
SPOOS & VIX OR TRIN & DPO
Any reference to the Vix can also be applied in exactly the same with to the Trin.
Short Trades
Here we compare the highs of the spoos to the lows of the Vix and the lows of the DPO.
There are 3 possible forms of divergence when using the Vix.
If we get a higher high on the spoos and a lower low on the Vix but a higher low on the Vix DPO it implies weakness and possible short trade.
Type #2
5% of the timeIf we get a lower low on the Vix and a higher low on the Vix DPO but a lower high on the spoos, this implies the Vix is exhausted and the trend down on the spoos has already begun.
Type #3
5% of the timeIf we get a higher high on the spoos and a higher low on the Vix with a higher low on the Vix DPO, the Vix itself is divergent and the spoos will likely short.
Long Trades
Here we compare the lows of the spoos to the highs of the Vix and the highs of the DPO.
There are 3 possible forms of divergence when using the Vix.
Type #1
90% of the timeIf we get a lower low on the spoos and a higher high on the Vix but a lower high on the Vix DPO it implies weakness and possible long trade.
Type #2
5% of the timeIf we get a higher high on the Vix and a lower high on the Vix DPO but a higher low on the spoos, this implies the vix is exhausted and the trend up on the spoos has already begun.
Type #3
5% of the timeIf we get a lower low on the spoos and a lower high on the Vix with a lower high on the Vix DPO, the Vix itself is divergent and the spoos will likely rally.
Excellent Example of Vix Divergence Nailing the Emini S&P 500 Trend Change
SPOOS & $TICK or ADSPD & DPO
Short Trades
Here we compare the highs of the spoos to the highs of the $TICK or ADSPD and the highs of the DPO.
There are 2 possible forms of divergence when using the $TICK or ADSPD.
If we get a higher high on the spoos and a higher high on the $TICK or ADSPD but a lower high on the $TICK or ADSPD DPO it implies weakness and possible short trade.
Type #2
40% of the timeIf we get a higher high on the spoos and a lower high on the $TICK or ADSPD, this implies the $TICK or ADSPD itself is divergent and the trend down on the spoos will likely begin. In the RSK Tick Strategy we detect this by Using AD Tick Condition3.
Tick Divergence Shows High Probability Intermediate Intraday Emini S&P 500 Trend Changes
Long Trades
Here we compare the lows of the spoos to the lows of the $TICK or ADSPD and the lows of the DPO.
There are 2 possible forms of divergence when using the $TICK or ADSPD.
Type #1
60% of the time
If we get a lower low on the spoos and a lower low on the $TICK or ADSPD but a higher low on the ADSPD DPO it implies weakness and possible long trade.
Type #2
40% of the time
If we get a lower low on the spoos but a higher low on the $TICK or ADSPD, this implies the $TICK or ADSPD itself is divergent and the trend up on the spoos will likely begin. In the RSK Tick Strategy we detect this by Using AD Tick Condition3.
